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Hut 8 Mining is seeing new demand for artificial intelligence (AI) and high-performance computing as it looks to reenergize some 6,400 rigs being moved from its inactive North Bay site in Ontario, Canada.As previously reported, Hut 8 is in an ongoing legal battle with its third-party energy supplier Validus Power
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In Binance’s peer-to-peer (P2P) platform, ML technology is employed to identify suspicious language in communications. By utilizing ML in P2P chat, feedback, and advertisements, potential payment scams, customer service impersonation, and malicious messaging can be detected. This technology has proven effective in preventing thousands of scams. For the know-your-customer (KYC) process,
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The news of the partnership between Alibaba Cloud and the NEAR Foundation, hit the market shortly after Alibaba announced a new chairman. The non-profit NEAR Foundation is joining Alibaba Cloud to accelerate Web3 growth. On Monday, the organization revealed its new relationship with the Chinese tech giant’s arm for computing and
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The NEAR Foundation, the non-profit behind the ecosystem development of the NEAR protocol, is joining with Alibaba Cloud, the Chinese tech giant’s arm for computing and storage to accelerate Web 3 growth in Asia and the Middle East, the organization said Monday. Source
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There is a recorded plunge in business activity as Europe reels from rising inflation and a consistent increase in interest rates. Business activity in Europe is waning as the region suffers slow economic growth. Recent data shows that the euro zone’s flash composite Purchasing Managers’ Index (PMI) fell from 52.8 in
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The token buyback program is poised to witness an escalation in both value and frequency as World Mobile sets its sights on expanding its presence across Africa, Asia, and the United States. World Mobile, a leading provider of decentralized mobile network solutions, has made a significant stride toward promoting sustainable growth
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United States-based cryptocurrency exchange Gemini, founded by Cameron and Tyler Winklevoss, has announced plans to expand into the Asia-Pacific region.In a June 19 blog post, Gemini said it planned to increase the number of staff at the firm’s Singapore office as well as establish an engineering division in India. The
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The company plans to expand in Asia-Pacific (APAC), a region it sees as driving the “next wave of growth for crypto.” Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In 2023, the crypto market has been volatile, characterized by periods of growth, correction, and stagnation in recent weeks. Consequently, there has been an ongoing debate concerning which altcoins offer the most favorable opportunities for investors
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Several Wall Street Banks, including Goldman Sachs, have cut their outlook on growth in China as the economy struggles. Leading global investment banking and management firm Goldman Sachs has joined several Wall Street banks to reduce its growth outlook for China. This downgrade comes as the East Asian powerhouse is experiencing
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